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1601 Westheimer Rd.
Houston, TX 77006
Asking Price
$1.29M
Asset Type
Traditional Office Office
Class
Class B
What's Special
4,088 SF Office Bldg in the Heart of Montrose <ul><li>4,088 SF Bldg</li><li>5,350 SF Land</li><li>Turnkey Office Opportunity-Ideally Configured for Prof Svcs</li><li>7 Dedicated On-Site Gated Parking Spaces</li><li>High Visibility Corner on Lower Westheimer (21,500+ VPD)</li><li>Vibrant Urban Node: Walkable Area for Dining, Boutique Retail, etc.</li></ul>
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NOI
$80,000
Cap Rate
6.18%
DSCR
1.04
Tight
Cash-on-Cash
0.80%
Monthly Payment
$6,406.953
Annual Cash Flow
$3,116.559
